Thomson Reuters

Business Case

When Thomson Reuters launched Elektron, an ultra-high speed network and hosting environment, that enables financial firms to access and share information faster and cost effectively in India, they were looking for a solutions partner who could provide an accessible IT infrastructure that was 'carrier neutral', and had direct connectivity with Bombay Stock Exchange (BSE). In a business where ultra low latency is key for profitable outcomes, it was crucial for Thomson Reuters customer’s to have access to market data faster in order to drive efficient trading.

Besides Netmagic's expertise and track record of managing mission-critical trading application environment for a large set of securities and trading organizations in India,its proximity to BSE (Netmagic’s Data Center at BSE) was favourable to Thomson Reuters.

Solution

Thomson Reuters opted for Netmagic’s colocation and managed hosting services to support its customers’ growth and expansion plans.